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US economic growth down to 3.5%, major bank predicts

U.S. gross domestic product growth, according to an investment bank, will slow down through the end of 2020 as fiscal aid appears unlikely to...

US economy stuck in ‘deep hole’ amid slow growth

A JPMorgan economist warned of weak spending and rising unemployment rates, citing that the U.S. economy may not yet exit the "deep hole" it...

US GDP may fall further amid COVID-19 spike, end of fiscal aid

The United States has yet again recorded its worst GDP slump in the second quarter despite May and June rebound. The coronavirus pandemic has yet...

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